403 E MeyerFalls CityTX78113
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Falls City at 403 E Meyer, Falls City, TX, 78113 with 5% annual appreciation on a $236,000 basis while $1,620/mo rent supports operations. 02% in year one. Equity gained on principal adds $1,523/yr, and five-year appreciation sums $65,202 alongside rental yield of 8.24%. Five-year ROI measures 99.26% and total cumulative return in cash totals $77,658. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,620/mo property income versus a $1,155/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1963
1.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78113, Falls City, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,186 (100%) |
| Owner Occupied HU | 813 (68.5%) |
| Renter Occupied HU | 118 ( 9.9%) |
| Vacant Housing Units | 255 (21.5%) |
| Median Home Value | $284,774 |
| Average Home Value | $327,970 |
Housing Distribution
Address Breakdown
Residential
849
Single Family
849
Multi-Family
0
Businesses
90
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Listed by: Faye Taylor • StepStone Realty, LLC
Mls Name: SABOR
Mls ID: #1881331